SOLD
Sold on 09 Feb 2024 for $257,500

11/33-35 Mcilwraith Street
South Townsville QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 119m2
Land area: 119m2
Sold By
First National Real Estate Townsville
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Property Details for 11/33-35 Mcilwraith St, South Townsville

11/33-35 Mcilwraith St, South Townsville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 119m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in South Townsville in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
119m2
Land Size
119m2
Local Government
Townsville City
Lot/Plan
11/SP156439

Last Listing description (March 2024)

Boasting brand new carpets throughout and a complete interior repaint, this top floor apartment is perfect for the investors looking to buy a slice of Townsville's City. This property is suitable for both the savvy investor and owner occupier as it's currently vacant and move in ready!

Welcome to 11/33 McIlwraith Street, South Townsville.

The Property:

? 2 Generous bedrooms with built in robes
? Master bedroom featuring private ensuite
? Spacious master bathroom with walk in shower
? Airconditioned throughout
? Sizeable patio for socializing
? Plenty of storage incl. linen cupboard
? Well appointed kitchen with quality appliances
? Brand new paint throughout
? Brand new carpets throughout
? Sizeable ~98sqm floorplan
? Top floor location

The Opportunity:
This conveniently located apartment is currently vacant and move in ready, making it the perfect buy for the owner occupier wanted to buy in a great location, and the investor interested in generating a generous rental return on a fresh 12 month lease. Investors can look forward to an approximate rental return of $420-$430 per week for a gross yield of over 8.25% per annum*

*Based on the sale price of approx. $265,000.

Body Corps - approx $7500 per annum Incl. Insurance
Council Rates - approx $3000 per annum Incl. water

The Location:
Situated just a stone throw away from the Marina, CBD, and many amenities, this centrally located apartment is perfect for exploring Townsville's nightlife.
- 2 Minute walk to Palmer Street
- 9 Minute walk to Flinders Street
-10 Minute walk to Townsville's CBD
- 3 Minute Drive to Queensland Country Bank Stadium

Want more information? Reach out on 0447 267 806.

Interested parties should verify the accuracy and currency of the information and make their own independent inquiries as the agent cannot attest to the correctness of the information provided. Some file photographs in use may have been taken some time ago or modifications have been conducted at the property since the photography. Please rely on your own inspection and investigations to determine if this property is suitable for your requirements and information provided is general in nature. First National Townsville bears no liability for any loss sustained due to inaccuracy or omission.

Property History for 11/33-35 Mcilwraith St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$257,500
09 Feb 2024
Listed for Rent
$250/w
06 Mar 2017
  • 09 Feb 2024
    Sold for $257,500
  • 23 Nov 2023
    Listed for Sale Not Disclosed
  • 19 Jul 2023
    Listed for Sale Not Disclosed
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About South Townsville 4810

The size of South Townsville is approximately 5.4 square kilometres. It has 7 parks covering nearly 4% of total area. The population of South Townsville in 2011 was 2,137 people. By 2016 the population was 2,352 showing a population growth of 10.1% in the area during that time. The predominant age group in South Townsville is 20-29 years. Households in South Townsville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Townsville work in a professional occupation. In 2011, 47.5% of the homes in South Townsville were owner-occupied compared with 44.8% in 2016.

South Townsville has 1,794 properties. Over the last 5 years, Houses in South Townsville have seen a 77.45% increase in median value, while Units have seen a 43.74% increase. As at 30 September 2024:

  • The median value for Houses in South Townsville is $514,651 while the median value for Units is $396,002.
  • Houses have a median rent of $480 while Units have a median rent of $490.
There are currently 14 properties listed for sale, and 9 properties listed for rent in South townsville on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in South townsville.

Suburb Insights for South Townsville 4810

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.